Scality Secures $60 Million in New Funding
April 19, 2018
12:40 pm
![Scality Secures $60 Million in New Funding](https://i0.wp.com/newscenter.io/wp-content/uploads/2018/04/Screen-Shot-2018-04-18-at-7.07.16-PM.png?fit=981%2C638&ssl=1)
Credit: scality.com
Scality, a software company specializing in distributed file and object storage and multi-cloud data control, raised an additional $60 million in funding from Silverpeak, a Europe-based technology-focused independent investment bank. This latest round includes participation from existing investors, Scality staff, and a new investor, Harbert European Growth Capital.
Scality has won awards from analysts, industry groups and channel organizations for its Scality RING Software-Defined Storage, including a leadership position in the famous Gartner Magic Quadrant. As the largest independent vendor in its space, it has more than 200 customers, all with storage footprints measured in petabytes.